Monday’s Lotto Texas jackpot is now at an estimated $48 million, making it the largest advertised jackpot in the state lottery in more than 12 years.
jackpot, sending the largest advertised jackpot in the state lottery in more than 12 years even higher to an estimated $48 million for Monday night.If someone wins Monday night and takes the cash value option, they'll pay approximately $7,065,500 in federal taxes and take home roughly $21,202,500. Texas lottery winners don't pay a state tax on lottery winnings.
If there is no jackpot winner for Monday night’s Lotto Texas drawing, the jackpot prize for the Wednesday, March 1 drawing will roll to an estimated annuitized $48.75 million.Sign up for NBC DFW newslettersSaturday's annuitized jackpot was the third-largest in North America and fourth-largest in the world going into the drawing.
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